Silexica Receives Series A Financing Led by Merus Capital

Palo Alto, Calif. - November 28, 2016 - Silexica, the industry leader in multicore software design automation addressing complex, multicore platforms, today announced they have completed an $8 million Series A round of financing. Merus Capital led the investment round with participation from new investor Paua Ventures as well as current investors Seed Fonds Aachen and DSA Invest. Silexica will use the funding to expand its engineering capacity to quickly adapt the technology to additional market segments and strengthen its international presence.

Although Silexica is only two years old, it has enjoyed rapid adoption of its SLX Tool Suite. The software tools use a compiler paradigm to analyze code coupled with a deep understanding of how hardware platforms behave with actual production workload. Global customers like Huawei and Fujitsu are already using these solutions and companies across multiple industries are now embracing the SLX Tool Suite.

"It's clear that as Dennard's Scaling Law breaks down, the computing industry must embrace heterogeneous and specialized multicore designs. To fully exploit this change requires a wholesale shift to concurrent software development and design automation. Silexica's unique technology enables software and hardware designers and developers to maximize utilization, optimize for various design goals and to deal with issues of 'dark silicon' and other upcoming challenges of the multicore era," said Salman Ullah, Managing Director of Merus Capital, a leading Silicon Valley venture fund focused on early stage enterprise companies. He added that, "Silexica is a perfect reflection of Merus Capital's strategy, investing in real software solving real problems."

"Silexica's world-class team has uniquely delivered disruptive software tools to address complex multicore designs and software problems. We look forward to partnering with Silexica as they help their customers improve the quality of their products and dramatically reduce time to market," said Georg Stockinger, Partner at Paua Ventures.

"We are excited to work with such experienced investors who understand our products and share our vision. As we penetrate markets where demand for high performance computing is thriving, such as Wireless Baseband, Autonomous Driving, and Embedded Vision, the SLX Tool Suite will be the critical component in driving the next wave of multicore design adoption," said Johannes Emigholz, COO of Silexica.

About SLX Tool Suite

Today's software applications addressing complex, advanced products such as Wireless Baseband Processing, Edge Computing, Autonomous Driving and Embedded Vision are driving the demand for more and more processors leading to large multicore architectures. However, the techniques to efficiently program the heterogeneous multicore environment largely remains a time consuming, inefficient manual process. Building on multicore research conducted over the last ten years, Silexica began solving this problem with the SLX Tool Suite about two years ago, and Silexica is seeing rapid adoption by hardware and software system architects and designers. Today, the SLX tools, SLX Mapper and SLX Generator, together, deliver fully automated mapping of software tasks and processes onto multicore platforms, optimized for throughput, latency, or power. They leverage native programming toolchains via a source-to-source translation approach to automatically generate architecture aware and middleware-specific C codes. The SLX Explorer guides the selection of the best target hardware by providing insights into software performance/power prediction of the target application. Conversely, the SLX Parallelizer helps customers migrate legacy C, C++ applications into the multicore world giving deep insights into parallelization possibilities based on the target platform.

About Silexica

Silexica is the leading provider of software design automation tools addressing the increasingly complex multicore platforms required to build today's embedded vision, automotive, edge computing and wireless baseband processing products. SLX tools from Silexica help embedded software developers, system architects and semiconductor providers to design and build multicore systems faster and better than before. Silexica licenses its technology to renowned electronic companies around the globe and supports its customers from local offices in Germany, U.S., Japan and China. For more on Silexica, visit www.silexica.com